Hyde Park Capital Announces Growth Equity Investment In BlueGrace Logistics By Warburg Pincus

Hyde Park Capital Announces Growth Equity Investment In BlueGrace Logistics By Warburg Pincus

Tampa, Florida – August 24, 2016 – Hyde Park Capital Advisors, LLC (“Hyde Park Capital”) is pleased to announce the recent growth equity investment in BlueGrace Logistics, LLC (“BlueGrace”) by Warburg Pincus (“Warburg”). The total commitment by Warburg is $255 million in the form of committed capital and direct investments. BlueGrace intends to use the funds to fuel its rapid growth and pursue strategic acquisitions. BlueGrace is as a leading non-asset, third-party logistics provider and one of the fastest growing, privately-held leaders of transportation management services in North America. Hyde Park Capital served as the exclusive investment banker to BlueGrace for this transaction.

Bobby Harris, Founder & CEO of Blue Grace Logistics commented, “We are very pleased to close this significant transaction and partner with Warburg Pincus to help us accelerate the growth of Blue Grace. We also appreciate Hyde Park Capital’s efforts and assistance in this important deal.”

“Warburg Pincus has been a long-term investor in the technology-enabled logistics market and BlueGrace is a rapidly growing innovator in that industry,” commented Alex Berzofsky, Managing Director, Warburg Pincus. “We see meaningful opportunities for continued growth for the Company and we look forward to supporting the BlueGrace team.”

“We are pleased to have advised BlueGrace, a tremendously successful Tampa Bay based privately-owned company, on this important transaction for its employees and shareholders” said John Hill, Senior Managing Director with Hyde Park Capital.  “This investment by Warburg Pincus provides BlueGrace with substantial capital that will accelerate its growth and a blue-chip investment partner with significant expertise in the technology-enabled logistics market.”

About BlueGrace Logistics

Founded in 2009, BlueGrace is one of the fastest growing leaders of transportation management services in North America. As a full service third party logistics provider (3PL), BlueGrace helps businesses manage their less-than-truckload and truckload spend through industry leading technology, high level freight carrier relationships and superior insight of the complex $750 billion U.S. freight industry. BlueGrace is headquartered in Riverview, Florida with over 60 corporate and franchise locations across the U.S. For more information, visit www.mybluegrace.com.

About Warburg Pincus

Established 50 years ago, Warburg Pincus has invested more than $55 billion in more than 750 companies in more than 35 countries around the world. Warburg Pincus has more than $40 billion in private equity assets under management. Its active portfolio of more than 120 companies is highly diversified by stage, sector and geography. Warburg Pincus is an experienced partner to management teams seeking to build durable companies with sustainable value. More information about Warburg Pincus is available at www.warburgpincus.com.

About Hyde Park Capital

Hyde Park Capital is an institutionally focused investment banking firm specializing in mergers and acquisitions and private placements and serving the corporate finance needs of middle market public and private companies. Our principals have extensive investment banking experience executing merger & acquisition engagements, including purchase and sale of company assignments, recapitalizations, financial advisory, fairness opinions and raising growth capital and acquisition financing for companies, including equity, mezzanine and senior debt.  As one of the most active investment banking firms in the Southeast, our professionals have advised on more than 300 corporate investment banking transactions totaling more than $10 billion in transaction value.  We are headquartered in Tampa, Florida and are a member of FINRA and SIPC.  For additional information on Hyde Park Capital, visit www.hydeparkcapital.com or call (813) 383-0202.

Client Testimonials

"Hyde Park’s team guided us through the process, providing us with a number of high quality counter-parties, and supported us through the transaction structuring, negotiation and due diligence. We are very pleased with the outcome and excited for the future of DTS.”
Allen Ibaugh, Co-Founder and CEO of Data Transfer Solutions
“We enjoyed working with Hyde Park Capital and appreciated their M&A expertise in the technology services sector and their help on this important transaction.”
Chris Toepke, CEO of Trifecta
“We very much appreciated the assistance of Hyde Park Capital on this strategic acquisition for ITE. Their M&A experience was quite helpful to our team and the overall process and assured the deal was well executed and we got it closed on schedule.”
Scott Dols, CEO of Industrial Truck & Equipment, LLC
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